Klöckner Pentaplast announces $25m Investment in Capacity Expansion in North America
Klöckner Pentaplast’s Pharma & Medical Device Division (kp PMD) announced today that it will add to its global production capacity in North America.
“Our significant expansion plans reflect our dedication to servicing customers’ needs now, and in the future” says Tracey Peacock, President kp PMD. “The additional coating and laminating capability suitable for the production of Pentapharm® and Pentamed® packaging films will service the North American pharmaceutical and medical device industry. We are excited to support the growing high barrier product segments by investing in best in class coating and laminating capabilities, enabling new performance levels in barrier protection.”
kp PMD is investing $25 million over the next few years in technology and processes to ensure they deliver innovative, functional and safe products for customers. This investment in North America complements earlier announcements by kp this year, highlighting their capacity expansions in Switzerland and Brazil. kp plans for the new capability in North America to be operational in 2020.
Visit the team at Healthcare Packaging Expo (part of PackExpo), booth #864 from 14-17th October 2018 in Chicago, Illinois to learn more about kp PMD and their products
About Klöckner Pentaplast
Focused on delivering its vision: The Sustainable
Protection of Everyday Needs, kp is a global leader in rigid and flexible packaging, and specialty film
solutions, serving the pharmaceutical, medical device, protein markets, amongst
others. With a broad and innovative portfolio of packaging and product films
and services, kp plays an integral role in the customer value chain by
safeguarding product integrity, protecting brand reputation and improving
sustainability. kp’s “Investing in Better” sustainability strategy
solidifies its commitment to achieving ten clear targets
for long-term improvement by increasing recycling and recyclability of products, cutting
carbon emissions and continuous improvement in employee engagement, safety, and
diversity, equity and inclusion. kp has earned a gold rating from EcoVadis, the
leading platform for environmental, social, and ethical performance ratings,
putting kp in the top 3% of companies rated in the manufacturing of plastics
products sector. Founded in 1965 kp has 31 plants in 18 countries and employs
over 5,900 people committed to serving customers worldwide in over 60 locations.
Group Director, Global Communications
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